Facebook Reportedly Looks to Enter China

PALO ALTO. Calif. ( TheStreet) -- Facebook, the popular social networking site, could enter the China market in 2010, a report says.

Global Times, citing local media, reports Facebook has stepped up its efforts to enter China. The reports didn't provide further details on Facebook's plans.

"We are interested in China, just as we are many other countries, and while we are studying and learning about them all, we have no specific plans for China at this time," a Facebook spokesman said in a statement, Marketwatch reports.